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What’s Really Driving The Housing Recovery?
"Six years since the start of the greatest housing collapse since the Great Depression, one doesn't have to look very far to see signs of a recovery. Nationally, home prices are rising after more than a 30% drop since mid-2006. More good news arrived Tuesday, as the Standard & Poor's/Case-Shiller home price index reported third quarter prices were up 3.6% from a year ago and September's 20-city index reached its highest level in two years. Foreclosures have slowed in most of the country after having decimated hundreds of U.S. cities. Rather than being a drag on the U.S. economy, housing is now seen as a contributor to growth."
Read more: http://www.streettalklive.com/daily-x-change/1351-housing-what-has-been-forgotten.html#ixzz2DgRxIujN
Online home searches; are you really seeing everything for sale?
Online home searches; are you really seeing everything for sale?
Are you frustrated that a home that you see online for sale has already gone pending? The house around the corner has a sign in the front yard, but you can’t find ANY information about it online!
Earlier this month the WAV Group, one of the largest real estate consulting firms in the nation, published the results of an independent study that compared listing information on real estate brokerage websites like Windermere.com with those of national real estate portals, such as Zillow and Trulia. The study focused on 11 major markets and found that local real estate brokerage websites have the most complete, accurate, and up-to-date information about homes for sale.
You can read more about the study here. The study’s main findings included:
· Local real estate brokerage sites display 100% of the agent-listed homes for sale compared to about 80% for the national portal sites.
· Local real estate brokerage sites show newly listed homes for sale seven to nine days earlier than national portals.
· Local real estate brokerage sites almost never show a home listing as active that has already sold; about 36% of listings that appear as active on national portals are no longer for sale.
So what does this mean for home buyers and sellers? It means that local real estate brokerage websites like Windermere.com are your best bet for the most complete and accurate information about homes that are for sale. To learn more about the differences between local real estate brokerage websites and national portals, and how it impacts buyers and sellers. Click here:
The_True_Accuracy_of_Real_Estate_Websites
Bellevue & Eastside Monthly Real Estate Statistics for September 2012
Another strong month in Real Estate Sales for Bellevue and all of King County! These are the Eastside statistics for closed sales you must know. Months supply of inventory is down -48%, and the total active listings are down -34%. The number of closed home sales are up +21% and the median closed sale price is up +3%! This is great news! For a detailed report on YOUR neighborhood call me…because as we all know Real Estate home values can differ from block to block.
Bellevue Home Sales September 2012
Community Service Day!
Today is our annual Community Service Day. We will be working in our community to make things a little brighter for our neighbors.
Every year since 1984, Windermere associates have dedicated a day of work to complete neighborhood improvement projects as part of Windermere’s Community Service Day.
Creating vibrant communities is one of the things that inspire all of us at Windermere to be involved in Community Service Day as it
gives us an opportunity to give back to the communities where we live and work.
After all, real estate is rooted in our communities. And an investment in our neighborhoods gives us all a better place to call home.
Thank you again for all of your support to a great day!
Lending a helping hand!
